Norman: Wrong to use US rate to judge gold as inflation hedge
Ross Norman of Sharps Pixley says since the gold market has fundamentally shifted to India and China, high inflation there will continue to drive demand.
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Codelco’s Chuquicamata copper mine strike over
800 striking workers at the giant copper mine in Chile returned to work on Saturday.
Billionaire Eric Sprott: ‘[When] the data says hold your ground—you hold your ground. Normally there’s a big payday at the end’
During a time of widespread investor desertion of the precious metals and natural resource space, Eric Sprott, CEO of Sprott Asset Management shares his thoughts.
TURNING TIDE: Money flows into gold ETFs first time in 6 weeks
The Fed-inspired drop in the gold price prompted investors to buy a net 5.4 tonnes on Friday, the first increase in holdings by the world's largest gold-backed ETF since November 5.
Gold price bounces back above $1,200
A psychologically and technically important level is retaken.
Peru’s $1bn Tia Maria copper mine gets social license, to restart mining soon
Work is likely to restart within the next 90 days, a top government official said following a public meeting with local residents.
Mining starts at world’s second biggest uranium mine
With the announced capacity of 18 million pounds U308 per year, Cigar Lake will only marginally lag behind the world’s biggest uranium mine, the McArthur River in Saskatchewan.
Aussie billionaire Clive Palmer’s massive coal mine approved
Environmentalists argue the approval will see 3 million tonnes of dredge spoil will be dumped in the Great Barrier Reef.
Colombia calls a truce in freshly declared war on coal
It has extended Drummond port improvement deadline, but it will charge the company daily fines.